🦊/Investors

ScaleFund

Venture capital

Brussels · Seed–Series A · 15 people tracked

Find your way into ScaleFund

1,399 people in our graph share verified history with the ScaleFund team — schools, employers, funds. One of them is your warm intro.

Harley Finkelsteinunlockedknows Claire Munck · together at McGill University (overlapped)
knows the team · via NTT DOCOMO
×4knows the team · via University of Paris I: Panthéon-Sorbonne
knows the team · via Oracle Belgium
knows the team · via Université libre de Bruxelles
knows the team · via University of Maryland - Robert H. Smith School of Business
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Investment thesis

ScaleFund invests from seed to Series A in companies driving digital transformation, deeptech, and cleantech, backing a small number of businesses with full focus. It targets companies where the product is live, traction is building, and the ambition to scale is clear, looking for committed complementary teams, early revenue or usage growth, a clear path to Series A, and scalable, internationally-minded models. The firm typically leads rounds with tickets ranging from roughly €100K to €1M, structuring investment rounds and drawing on a European network of over 500 investors, venture partners, and C-level executives to advise portfolio companies. ScaleFund emphasizes long-term involvement, leadership, structure, and strategy alongside its capital.

Source: firm website, verified Aug 7, 2026.

Stage
Seed–Series A
Check
$108K – $1.1M
HQ
Brussels, BE
Leads rounds
Leads
Instruments
Equity
Founded
2017
Last 12 months
1 investment
AUM
$10.8M
Tracked investments
3

Team · 15 people

from the firm's website & curated & public directories

What they invest in

from 3 of 3 portfolio companies

Enterprise Software ×3Cybersecurity ×2Developer Tools ×2SaaS ×2AI & Machine Learning ×1Future of Work ×1

HQs:Luxembourg×1

Investments · 3 tracked

founders shown can be your intro path
Passboltpassbolt.cominJan 2025 · $8M

Passbolt is an open-source password manager designed for IT teams to securely store and share credentials like passwords, SSH keys, and API tokens at scale.

CybersecurityDeveloper ToolsEnterprise SoftwareLuxembourg, LU

Kevin Muller(Founder)in

Co-investorsExpon CapitalAirbridge Equity Partners

Wegrowwegrow-app.cominJan 2025

Wegrow is a platform that enables organizations to share, discover, and scale proven best practices across teams and regions.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaS

Arnaud Sliwa Bliset(CEO)

Co-investorsAurum Venture PartnersNauta CapitalVU Venture PartnersWille Finance

XFAxfa.techin𝕏Dec 2025

XFA provides device security and endpoint compliance solutions for organizations, enabling visibility into devices accessing business platforms and enforcement of security policies across enterprise, technology, healthcare, fintech, education, and other sectors.

CybersecurityDeveloper ToolsEnterprise SoftwareSaaS

Lars VeelaertinGijs Van Laerin

Co-investorsCuriosity VCSeeder FundPMV

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does ScaleFund invest at?
ScaleFund invests at the Seed, Series A stages.
What is ScaleFund's typical check size?
ScaleFund typically writes checks of $108K – $1.1M.
What sectors does ScaleFund focus on?
ScaleFund focuses on Cleantech, Consumer, Deep Tech, EdTech, Hardware, Retail Tech, SaaS, Sector Agnostic.
Where is ScaleFund located?
ScaleFund is headquartered in Brussels, BE.
Does ScaleFund lead rounds?
Yes, ScaleFund leads investment rounds.

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